Listed by Jonathan Nikfarjam, Shield CRE, Inc.,

1645 BEECH Avenue

Torrance, CA, 90501

$2,750,000

$470 per ft²
$2,750,000
$470 per ft²
Active Under Contract
Active Under Contract
 - For Sale
carpenters-square
5,840 ft²
property_type
Multi-family
calendar
Built 1963
Highly Desirable Old Town Torrance Location | No Local Rent Control Defaults to AB 1482 | Great Unit Mix of (One) 3-Bedroom/2-Bathroom Unit, (Three) 2-Bedroom/1-Bathroom Units & (Two) 1-Bedroom/1-Bathroom Units | All-Electric BuildingLess Than 4 Miles from the Beach & Redondo Beach Pier | 3.83% Current Cap Rate & 17.23 Current GRM | Approximately 19% in Rental Upside - 4.88% Pro-Forma Cap Rate & 14.52 Pro-Forma GRM | Front House with Newer Vinyl Plank Floors (2021) and Remodeled Kitchen & Bathrooms (2016) | Unit #6 Contains Newer Carpet (2020), Vinyl Plank Floors in Kitchen (2021) & Water Heater (2020) | On-Site Laundry Facility with Newer Washer & Dryer (2021) and Water Heater (2020) | Newer Upper Exterior Deck (2020), Six Garage Parking Spaces & Most Units Re-Piped with Copper Plumbing | Close Proximity to Del Amo Fashion Center, Village Del Amo & South Bay Galleria
MLS® ID:
22170025
Listed:
6/19/22
Updated:
8/11/22
Vista | Sotheby's International Realty
Gerard Bisignano

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Laundry Description
Common Area

Exterior/Building Features

Lot Size
7,243 ft² lot

Other Property Details

Area Name
134 - Old Torrance
Garage
Yes
Garage Spaces
6
Parking
Garage
Parking Total
6.0
View
N
County
Los Angeles
Pool
No
Total Stories
2
Zoning
TORR-MD

Property History

Date
Event
Price
Value
7/21/22
Active Under Contract
-
-

 

Listed by Jonathan Nikfarjam, Shield CRE, Inc.,

Based on information from California Regional Multiple Listing Service, Inc. as of 8/11/22. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.  Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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Data last updated 4:49 PM UTC, 8/11/22

Vista | Sotheby's International Realty
Gerard Bisignano
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